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U.S. Sen. Chuck Schumer Introduces ‘Marijuana Freedom and Opportunity Act’


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U.S. Sen. Chuck Schumer (D-NY), who leads his party as Senate minority leader, filed a far-reaching marijuana bill on Wednesday.

 

Titled the Marijuana Freedom and Opportunity Act, the bill would remove cannabis from the Controlled Substances Act.

 

The legislation, which is cosponsored by Sens. Bernie Sanders (I-VT), Tim Kaine (D-VA) and Tammy Duckworth (D-IL), would also set aside $20 million annually to states and municipalities for the purpose of administering, expanding or developing expungement or sealing programs for marijuana possession convictions. No less than half of the funds would be earmarked for public defenders and legal aid providers.

 

Another provision, according to its section title, would “level the economic playing field” in the cannabis industry by requiring the Treasury Department to annually transfer an amount equal to 10% of total tax revenue generated by marijuana or $10 million, whichever is greater, to an account called the Marijuana Opportunity Trust Fund. Grants would be doled out by the Small Business Administration to industry outfits controlled by women and socially and economically disadvantaged people.

 

https://www.marijuanamoment.net/top-senate-dem-introduces-marijuana-freedom-and-opportunity-act/

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2 minutes ago, run32.dll said:

Hot damn. One socialist gets nominated and the establishment scrambles to put together the, "How many ya'll like weed?" bill.

We are going to see Democrats jumping on marijuana more and more. There's just too much support and it seems to energize their base.

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On 6/27/2018 at 7:51 PM, Jason said:

 

How many will it take to get them to throw Chuck and Nancy overboard?

I think in the next few years as more and more of their old establishment white dems get knocked off it is going to get interesting around here.

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4 minutes ago, silentbob said:

You also wonder if they will be watching us Canadians and how we handle the rollout come October 17th. Use us as a litmus test on how they could roll it out stateside

 

It's interesting, because we already have a half dozen states (plus one that is as big as Canada) that have legalized with great success. 

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